Estate Planning Can Preserve Assets and Help with Medicaid Eligibility

Estate Planning Can Preserve Assets and Help with Medicaid Eligibility The high cost of medical care affects everyone, and can devastate seniors who may face costly nursing home and health related costs. Planning ahead can preserve assets and help ensure... More

Estate Planning Can Preserve Assets and Help with Medicaid Eligibility The high cost of medical care affects everyone, and can devastate seniors who may face costly nursing home and health related costs. Planning ahead can preserve assets and help ensure Medicaid eligibility. If one lives in New York, there are Albany lawyers who specialize in elder law, including estate planning and Medicaid applications. Wherever one lives it pays to plan ahead to ensure that one’s assets aren’t threatened by escalating health care expenditures. As people age they face many uncertainties. One of the major worries that older people face is that they fear their assets will be threatened by sky high medical costs. Many people work all of their lives to build up savings, own a home and make a comfortable living for themselves and their families. Without proper estate planning these assets could count against people when they go to make their Medicaid applications. The best time to plan an estate Less